Jiangsu Fasten Co Ltd
Jiangsu Fasten Company Limited, together with its subsidiaries, engages in the production and sale of steel wires and wire ropes in China and internationally. It also designs and develops prefabricated parallel steel strands, prefabricated covered stay cables, dry air system equipment, anchors, suspenders, and prestressed structural cables; develops and produces building prestressed hardware prod… Read more
Jiangsu Fasten Co Ltd - Asset Resilience Ratio
Jiangsu Fasten Co Ltd (000890) has an Asset Resilience Ratio of 16.91% as of March 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2003–2023)
This chart shows how Jiangsu Fasten Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Jiangsu Fasten Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥252.46 Million | 16.91% |
| Total Liquid Assets | CN¥252.46 Million | 16.91% |
Asset Resilience Insights
- Good Liquidity Position: Jiangsu Fasten Co Ltd maintains a healthy 16.91% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company has significant short-term investments, indicating active treasury management.
Jiangsu Fasten Co Ltd Industry Peers by Asset Resilience Ratio
Compare Jiangsu Fasten Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
365330
KQ:365330 |
Steel | 14.10% |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708 |
Steel | -0.25% |
|
HBIS Co Ltd
SHE:000709 |
Steel | 0.20% |
|
Sgis Songshan Co Ltd
SHE:000717 |
Steel | 4.93% |
|
Bengang Steel Plates Co Ltd
SHE:000761 |
Steel | 0.71% |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778 |
Steel | 0.00% |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825 |
Steel | -0.16% |
|
Angang Steel Co Ltd Class A
SHE:000898 |
Steel | 0.02% |
Annual Asset Resilience Ratio for Jiangsu Fasten Co Ltd (2003–2023)
The table below shows the annual Asset Resilience Ratio data for Jiangsu Fasten Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 17.96% | CN¥277.46 Million | CN¥1.55 Billion | +11.90pp |
| 2022-12-31 | 6.06% | CN¥111.47 Million | CN¥1.84 Billion | +6.80pp |
| 2021-12-31 | -0.74% | CN¥-14.53 Million | CN¥1.96 Billion | -0.74pp |
| 2020-12-31 | 0.00% | CN¥0.45 | CN¥926.42 Million | -1.30pp |
| 2019-12-31 | 1.30% | CN¥62.22 Million | CN¥4.79 Billion | +1.30pp |
| 2018-12-31 | 0.00% | CN¥-344.27K | CN¥7.52 Billion | -0.04pp |
| 2017-12-31 | 0.03% | CN¥3.00 Million | CN¥9.69 Billion | +0.03pp |
| 2014-12-31 | 0.00% | CN¥127.75K | CN¥3.11 Billion | +0.04pp |
| 2009-12-31 | -0.03% | CN¥-1.04 Million | CN¥3.03 Billion | -0.04pp |
| 2006-12-31 | 0.01% | CN¥250.00K | CN¥3.80 Billion | -0.01pp |
| 2005-12-31 | 0.02% | CN¥600.00K | CN¥3.69 Billion | +0.00pp |
| 2004-12-31 | 0.02% | CN¥510.00K | CN¥3.34 Billion | 0.00pp |
| 2003-12-31 | 0.02% | CN¥500.00K | CN¥2.68 Billion | -- |